[Federal Register Volume 59, Number 129 (Thursday, July 7, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-16429]


[[Page Unknown]]

[Federal Register: July 7, 1994]


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FEDERAL RESERVE SYSTEM

Hal Jonathan Shaffer; Change in Bank Control Notice

 

Acquisition of Shares of Banks or Bank Holding Companies

    The notificant listed below has applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. 
The factors that are considered in acting on notices are set forth in 
paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notice is available for immediate inspection at the Federal 
Reserve Bank indicated. Once the notice has been accepted for 
processing, it will also be available for inspection at the offices of 
the Board of Governors. Interested persons may express their views in 
writing to the Reserve Bank indicated for the notice or to the offices 
of the Board of Governors. Comments must be received not later than 
July 26, 1994.
    A. Federal Reserve Bank of Philadelphia (Thomas K. Desch, Vice 
President) 100 North 6th Street, Philadelphia, Pennsylvania 19105:
    1. Hal Jonathan Shaffer, Cherry Hill, New Jersey; Carl Anderson 
Lingle, Elmer, New Jersey, and Jerome S. Goodman, Cherry Hill, New 
Jersey, to acquire 79.60 percent of the voting shares of First Bank of 
Philadelphia, Philadelphia, Pennsylvania. Jerome S. Goodman currently 
owns 0.25 percent of the stock of the Bank. He owns less than 1 percent 
of the shares of CoreStates Financial Corp., Philadelphia, Pennsylvania 
which, in turn, owns 24.8 percent of the shares of the Bank. 
Notificants will collectively purchase the stock to be issued by the 
Bank and their total ownership of Bank's stock, upon consummation, will 
equal 79.65 percent.

    Board of Governors of the Federal Reserve System, June 30, 1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-16429 Filed 7-6-94; 8:45 am]
BILLING CODE 6210-01-F